AVAX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h +0.052%

Price spread now: Popdex against Extended−0.074%7-day average +0.079% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$290.285% of the position

Long on Extended Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.078%+$8 on $10k

Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.074%, 7d avg +0.079%

Together, before fees+0.263%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.153% cheaper against Extended than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.079%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended AVAX-USD	11.225	0.0104	pay 0.0013% / 1h	4m 49s	$669K	$2.2M	25x
Short	Popdex AVAXUSDT	11.217	0.0096	get 0.0012% / 1h	4m 49s	$17K	$686K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee PopdexbpOrdersPrice spread, now −0.074%Rate

Funding earned: −$1.68
Price spread: −0.074% → +0.079%: −$15.29
Slippage, 4 orders: −$17.13
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$45.5
Costs to cover: 0.285%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Popdex: live order book, 14 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 4 min ago	0.44 bp	5.5 bp −$5	7.5 bp −$75	doesn't fit	doesn't fit
Sell Popdex live order book, 14 min ago	4.89 bp	9.6 bp −$10	24.5 bp −$245	doesn't fit	doesn't fit

AVAX on 36 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective AVAX/USDC PERP	−0.0570%	1h	11.170	−0.493%	$17K	$151K	12x	as long as short
Deribit AVAX_USDC-PERPETUAL	−0.0195%	1h	11.226	+0.006%	$5.3M	$9.1M	25x	as long as short
Nado AVAX-PERP	−0.0044%	1h	11.216	−0.079%	$296K	$892K	10x	as long as short
dYdX AVAX-USD	0.0000%	1h	11.237	+0.106%	$103K	$111K	10x	as long as short
gTrade (Gains Network) AVAX/USD	L +0.0002% / S −0.0003%	1h	11.224	−0.013%	$13K	—	150x	as long as short
Variational Omni AVAX	+0.0027%	8h	11.231	+0.050%	$3.0M	$2.4M	—	as long as short
Lighter AVAX	+0.0096%	1h	11.241	+0.136%	$1.2M	$3.3M	10x	as long as short
Popdex AVAXUSDTshort	+0.0096%	1h	11.217	−0.074%	$17K	$686K	50x
Paradex AVAX-USD-PERP	+0.0099%	8h	11.238	+0.112%	$13K	$766	20x	as long as short
Aster AVAXUSDT	+0.0100%	8h	11.234	+0.080%	$2.3M	$1.8M	75x	as long as short

Show all 36 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica AVAX	+0.0100%	1h	11.241	+0.136%	$299K	$120K	10x	as long as short
Binance AVAXUSDT	+0.0100%	8h	11.239	+0.120%	$120.3M	$524.4M	75x	as long as short
Bybit AVAXUSDT	+0.0100%	8h	11.237	+0.104%	$89.3M	$157.3M	75x	as long as short
OKX AVAX-USDT-SWAP	+0.0100%	8h	11.237	+0.104%	$20.2M	$146.1M	50x	as long as short
Gate AVAX_USDT	+0.0100%	8h	11.227	+0.015%	$12.4M	$40.8M	75x	as long as short
MEXC AVAX_USDT	+0.0100%	8h	11.238	+0.113%	$51.2M	$100.4M	200x	as long as short
KuCoin AVAXUSDTM	+0.0100%	8h	11.230	+0.042%	$15.9M	$24.5M	75x	as long as short
Bitget AVAXUSDT	+0.0100%	8h	11.238	+0.113%	$34.2M	$60.0M	75x	as long as short
BingX AVAX-USDC	+0.0100%	8h	11.235	+0.086%	—	$6.5M	—	as long as short
Backpack AVAX_USDC_PERP	+0.0100%	1h	11.231	+0.050%	$359K	$568K	15x	as long as short
GRVT AVAX_USDT_Perp	+0.0100%	8h	11.242	+0.144%	$359K	$877K	10x	as long as short
ApeX Omni AVAXUSDT	+0.0100%	1h	11.238	+0.113%	$180K	$686K	50x	as long as short
Polymarket Perps AVAX-USD	+0.0100%	1h	11.224	−0.012%	$133K	$459K	10x	as long as short
Orderly PERP_AVAX_USDC	+0.0100%	8h	11.234	+0.077%	$202K	$301K	20x	as long as short
SunX AVAX-USDT	+0.0100%	8h	11.254	+0.252%	$12K	$735K	20x	as long as short
SoDEX AVAX-USD	+0.0100%	1h	11.227	+0.015%	$19K	$72K	10x	as long as short
HTX AVAX-USDT	+0.0100%	8h	11.213	−0.105%	$362K	$1.1M	75x	as long as short
Phemex AVAXUSDT	+0.0100%	8h	11.228	+0.024%	$30.2M	$5.0M	50x	as long as short
Extended AVAX-USDlong	+0.0104%	1h	11.225	long leg	$669K	$2.2M	25x
Aevo AVAX-PERP	+0.0104%	1h	11.279	+0.477%	$259K	—	3x	as long as short
Coinbase International AVAX-PERP-INTX	+0.0192%	1h	11.238	+0.113%	$910K	$8.2M	50x	as long as short
BloFin AVAX-USDT	+0.0220%	8h	11.227	+0.015%	$5.0M	$8.0M	100x	as long as short
Reya AVAXRUSDPERP	+0.0244%	1h	11.220	−0.052%	$1K	—	20x	as long as short
GMX AVAX/USD [AVAX-USDC]	L +0.0412% / S −0.0261%	1h	11.225	−0.007%	$237K	—	120x	as long as short
Hyperliquid AVAX	+0.0583%	1h	11.254	+0.255%	$43.5M	$56.6M	10x	as long as short
Kraken Futures PF_AVAXUSD	+0.0629%	1h	11.236	+0.093%	$4.6M	$13.5M	50x	as long as short